SRRK Trade on Oct 27, 2020 11:00 from Mance_Trader: Tradervue User Stock Trades.

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Mance_Trader

 

Conclusions:
- Remember your Position Size Limits
- Try using StopLimit Buy Orders on 5 min Setups when you have time

Action:
Series of Low Volume 5 Min Red Pullback Candles, Bought 1 Min HoH, Stop to Recent Low, FPT Not Determined
Stopped Out

Analysis:
5 min Setup looked ok, just one more candle though
Stop Limit Order would've been nice here, even an OCO Order
If I had used a StopLimit Order set to just above the high of the previous 5 min candle, I would've waited for an actual 5 min HoH


Execution detail:

Date/time Symbol Side Price Position
2020-10-27 11:00:15 SRRK buy $24.870 long
2020-10-27 11:00:15 SRRK buy $24.870 long
2020-10-27 11:00:15 SRRK buy $24.870 long
2020-10-27 11:00:31 SRRK sell $24.570 0


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